![Indian Statistical Institute - [ISIBC]](https://image-static.collegedunia.com/public/college_data/images/logos/13957453171.png?h=71.7&w=71.7&mode=stretch)
The Indian Statistical Institute (ISI) offers a unique educational experience with a focus on both pure mathematics and applied statistics. Admission is through an annual entrance exam followed by an interview, with high achievers in B.Math/B.Stat automatically qualifying for M.Math/M.Stat programs. ISI is recognized as a national institute of importance in statistics, and it does not charge tuition fees. Students pay Rs. 2300 per month for food and hostel expenses, with snacks and lunch being affordable.
Financial support includes a monthly stipend of Rs. 3000 for bachelor's students and Rs. 5000 for master's students, provided they maintain a score above 60%. Research scholars receive approximately Rs. 25,000 monthly, aligned with NET standards. The institute also offers an annual contingency fund for students. ISI boasts a 100% placement record, with M.Math graduates often securing roles as Data Analysts or Finance Consultants. Internship opportunities are available in both academic and professional settings, with academic internships offering a monthly stipend of 5,000 INR.
The institute acknowledges scholarships like INSPIRE and KVPY fellowships, enhancing its support for students.
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